norok

02:41

norok Wizard

I had a few friends that lost money investing in NYSE:BABA for their upcoming Ant IPO. The reason Alibaba stock got crushed was pretty apparent to me and I wanted to do an illustration on Tradingview so that others can have the knowledge going forward in their own investing.

04:49

norok Wizard

BITFINEX:BTCUSD is starting to show another squeeze on the 30m timeframe as price begins to consolidate. There was a great trade on the 30m using the indicator over the weekend. I also look at where another BBK Squeeze took price from the 11000 levels on the swing trading timeframe a few weeks ago. If you are patient and wait for the BBK Squeeze to filter out...

09:30

norok Wizard

For the last few weeks I've been working on and trading with my Bollinger Band + Keltner Channel Squeeze indicator. I wanted to share a few recent trades that have popped up in currency pairs which are the market I designed the indicator to help me trade. Hope all can learn and profit from my research and development! Comment or DM me for more info...

09:58

norok Wizard

This is the first installment in my second section on Methods I use for finding Support and Resistance. I use a live trade example on FOREXCOM:EURAUD to show how the simple 50% Fibonacci level was all that was needed to find where the price would inflect. While I am aware and have studied the Fibonacci levels I find that just drawing 50% levels is all I need...

10:17

norok Wizard

This is a segment for a Youtube video about my trading methods. I take off all indicators and ask for traders to look at simple highs and lows to find high probability inflection points of price. You don't need to get fancy to make money. Practice and master price action!

01:34

norok Wizard

This is a clip from an upcoming educational video that will be uploaded to my Youtube channel.

10:44

norok Wizard Updated 

In this video I use NASDAQ:TSLA with Tradingview video publishing and backtesting feature to demonstrate a trading strategy to make money using these signals. I go over how to use the Bollinger Bands and Keltner Channel indicators to find potential breakout opportunities for trades. Both the Bollinger Bands and Keltner Channel measure price volatility. ...

norok Wizard

On my last post about AMEX:UVXY I noted the distinct "trade of the week" theme. The idea that volatility would expand seemed to be obvious to everyone thus a trade on UVXY long seemed to be the play. Opportunity is rarely so obvious and that was why I suggested caution. The Trump tweet of last week probably got a lot of folks in the trade excited to see...

norok Wizard

NASDAQ:AKAM and NYSE:THO I took three weeks ago. I have checked my signals in thinkorswim every morning diligently at 10:00am. That's my job. I have not found a single trade that fit my rules to take bullish since September 17th! My two that I took on that date were NASDAQ:AKAM and NYSE:THO . AKAM and THO both pulled a 3:1 on 75% of my positions, AKAM's...

norok Wizard

Negotiated with the good folks at Tradingview to allow me all the alerts I need as part of my subscription package that I can now use the platform as a signal service to cover all the markets I want with my custom built indicator and system. I MISSED this alert on the first night I put this into place because I went to bed but it validates all my hard work in...

norok Wizard

"Everyone" is UVXY long. Rarely "Everyone" makes money. Tread lightly. The UVXY is the "ultra short VIX ETF"... it is a derivative of the VIX which is a derivative of SPY options which are a derivative of the SPY which is a derivative of the S&P 500 index. The VIX measures "implied volatility" which is the pricing of options. People want to buy options to...

norok Wizard

The prior ATH was the key deciding line a few weeks ago. When the AMEX:SPY closed below it it signaled the drop. Now with the low it formed on 9/24 in combination with the recent ATH it has created a 50% Retracement of the down move. Ya'll know how much I love my 50%... This is clearly the consistent and current dividing line between bullish and bearish...

norok Wizard

A few weeks back during the recent run up I observed that BITFINEX:ETHUSD was outperforming BITFINEX:BTCUSD . Now in this recent drawdown across the board in cryptocurrency Ethereum has UNDERPERFORMED Bitcoin as evidenced by looking at the BITFINEX:ETHBTC . My initial thesis could be wrong about the shift in dominance and in price. The past outsized returns...

norok Wizard Updated 

Took two positions this morning in NASDAQ:VRTX and NASDAQ:MKTX .

norok Wizard Updated 

Setup an order this morning to buy SRPT at 127.71 and was not sure if it would fill. Market sold off today as the SPY continues to fight that critical level this week.

norok Wizard Updated 

Today's trade is a long off support on DVN. Looking to take it back up to the prior range at 10.65.

norok Wizard

In response to "BTFD TSLA" threads this morning I think folks should tread lightly on NASDAQ:TSLA ... it had a really, really good hyperbolic run up. When TSLA has made "dips" in its history they have ranged from no less than -36% to -62%... It has only now pulled back -17%. That is barely a dip by TSLA standards...

norok Wizard

ETHUSD is off its recent high by -26%... BTCUSD is off the same time by only -14%... I must confess I am being taught a lesson in patience when it comes to expressing my theory about ETH vs. BTC performance. I had already begun reallocating before these movement and it is unpleasant to be facing the increased relative drawdown. The lesson here is that the...